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Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is expected to generate annual cash flows of $1,100,000 for

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Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is expected to generate annual cash flows of $1,100,000 for the next six years. If the firm's required rate of return is 15 percent, what is the NPV of this project? (Do not round intermediate computations. Round final answer to nearest dollar.) $693,495 $810.112 $189,888 none of these $912,931

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